Economy

The bank has announced that it is removing or reducing 20 fees across its deposit and lending products.

Labor leader Bill Shorten has called on the government to extend the financial services royal commission, stating that the banking scandals were “the biggest wake-up call that we’ve seen in ...

Increasing capital gains tax on rental homes will ultimately drive up house prices and “exacerbate” the nation’s affordability challenge, the Housing Industry Association has warned.

A non-major lender has said that a $129 million drop in its loan book was driven by slowed credit growth, conservative liquidity management and increased flows to non-banks.

Non-bank lenders are serving as a “buffer” in the housing market by servicing borrowers that have been turned away by banks amid tighter credit policies, according to ANZ Research.

The peer-to-peer lender has been commissioned to deliver the CEFC’s $100 million loan financing scheme in South Australia.

An online mortgage broking firm has appointed Anthony Justice as its new chief executive.

Open banking and data sharing will be “beneficial” to customers, several challenger banks have said, but banks will need to demonstrate value to customers in order for these to be truly ...

The federal government has introduced legislation into Parliament that would see harsher penalties administered for corporate and financial sector misconduct.

An online mortgage origination platform has announced the appointment of a new chief marketing officer.